£391,220
This estimated value is based upon the latest sale price for the house of £310,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£310,000 | 20 Oct 2017 |
£250,000 | 7 Dec 2006 |
£129,950 | 19 Jan 2001 |
Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEWPORT to estimate the market value.
When this house was purchased in October 2017 the House Price Index for NEWPORT was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £310,000 results in an estimated price of approximately £391,220.
20 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £310,000 | £81,220 | £391,220 |
The Postcode Pricing Model uses changes in average sales price within the NP20 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 31.166 % | £96,614 | £406,614 |
3 Month Average | 43.931 % | £136,186 | £446,186 |
6 Month Average | 29.972 % | £92,914 | £402,914 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £171,500 | £170,000 | 95 STOW HILL |
20 Jan 2023 | £122,423 | £123,000 | 3 DEANERY GARDENS |
1 Aug 2022 | £299,195 | £300,000 | ROSE COTTAGE, 5 VICARAGE HILL |
28 Mar 2022 | £191,709 | £185,000 | 97 STOW HILL |
8 Nov 2021 | £167,635 | £155,000 | FLAT 11 KINGSHILL COURT STOW HILL |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 22 Sep 2017. Using an estimated price of £391,220 means this house is valued at £2,059 per sq meter (£191 per sq foot).
There is one other house on the street which we know the size of, this is 1A VICARAGE HILL it is 183.6
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Hill |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Vicarage Hill |
Mar 2024 | Anti-social behaviour | On or near Clifton Road | |
Feb 2024 | Other crime | Under investigation | On or near Clifton Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Close |